JAWS Hurricane Acquisition Corporation JAWS Hurricane Acquisition Corporation operates as a blank check company whose purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities; it focuses its search for prospective targets in consumer technology and related technology businesses, primarily in North America. Incorporated in Delaware in 2021 and headquartered in Miami Beach, Florida, the company generates no revenues and engages in no significant operations prior to completing an initial business combination. Founded by Barry Sternlicht, chairman of Starwood Capital Group, and Matthew Walters, who serves as chief executive officer, JAWS Hurricane Acquisition Corporation completed an initial public offering in June 2021, raising $275 million through the sale of 27.5 million units at $10 each, underwritten by Credit Suisse and J.P. Morgan. In June 2023, following the failure to identify and consummate a business combination within the required timeframe, the company announced the redemption of its public shares, with trading in those shares ceasing on June 15, 2023, and distributions to shareholders occurring thereafter; public warrants expired worthless, while the company's wind-down process continued, including delisting from Nasdaq and termination of its SEC registration. As of late 2025, HCNEW warrants remain listed for trading on Nasdaq, reflecting ongoing residual activity from the defunct SPAC structure, with no further mergers, acquisitions, or operational developments reported.